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IMF to Hong Kong: Watch housing prices

Posted on 19 November 2010

From WSJ: If Hong Kong isn’t careful, its economy could be set for another bout of “protracted and painful” deflation and a crash in housing prices like it saw in the late 1990s and early 2000s.
That’s the negative scenario painted by the International Monetary Fund in its annual assessment of Hong Kong’s economy, known by IMF geeks as an “Article IV consultation.”………………………………………Full Article: Source


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